MetLife (MET) Q1 Earnings Meet, Rise Y/Y on Lower Expenses

MetLife, Inc. (MET) reported first-quarter 2024 adjusted operating earnings of $1.83 per share, which matched the Zacks Consensus Estimate. The bottom line improved 20.4% year over year.Adjusted operating revenues of MET climbed 5.5% year over year to$ 17 billion in the quarter under review. However, the top line missed the consensus mark by 3.8%.The quarterly earnings benefited from declining expenses and strong growth in the Asia, EMEA and Latin America segments. Strong variable investment income also add ...